To Find the Yield on Investments That Require the Payment

question 83

Multiple Choice

To find the yield on investments that require the payment of a single amount initially,and which then return a single amount sometime in the future,the correct table to use is:

• A) the future value of $1.
• B) the compound sum of $1.
• C) present value of an annuity of $1.
• D) present value of an annuity due of $1.